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NBFC Application

NBFC Application. The Application covers the following areas: Credit Department Settlement Department Accounts Department Risk. Typical Trade Financing system framework. Output Layer. Process Layer. Input Layer. Finance Trade. KYC & Income dtls. Loan Application Kit.

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NBFC Application

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  1. NBFC Application • The Application covers the following areas: • Credit Department • Settlement Department • Accounts Department • Risk

  2. Typical Trade Financing system framework • Output Layer Process Layer Input Layer Finance Trade KYC & Income dtls Loan Application Kit Credit Appraisal Sanctioned Credit Trading ID Central Data Repository Credit Disbursement Trade Details Accept/Reject Client Trades Broker Back Office Stock Collateral Depository Participant Trade Settlement Stock Holding Movement Corporate Action Info Third Party Vendor Accounting Interest Calc Bank Statement Banks Books of Account Risk Management Portfolio Liquidation Price & Volume feeds Stock Exchange Risk and RBI repots Data Interface Channel Enterprise Business Technologies Pvt. Ltd.

  3. Objective • The primary objective of the application is to cover the back office process right from Customer KYC and approval of limits to trade processing and subsequent activities of liquidation in risk. • The principle that flows through in the entire chain of activities is to have a control on the risk element in trade transactions Enterprise Business Technologies Pvt. Ltd.

  4. The Risk factor is controlled at the following stages: • Detailed KYC and Client approval process • Funding of poor quality of Trades • Honoring un-qualified Fund/Security withdrawal. • Delay in client’s net worth monitoring. • Delay in corrective action/ recovery. • Non detection of client’s abnormal operational behavior. Enterprise Business Technologies Pvt. Ltd.

  5. Multi level Credit Approval Credit Appraisal Task Assignment to RMs Sanction/Welcome Letter Generation Auto Mail Alerts Trade Acceptance Credit Disbursement Trade Rejection Securities Payin/Payout Funds Payin/Payout DP Reconciliation Trade Settlement Shortage/Auction Marking Corporate Action Handling DP Slip (Physical/Soft copy) Margin Receipt Accounting Funds Withdrawal (Normal/FnO) Tax Deducted At Source Profit and Loss Statement Portfolio Liquidation Risk Management Client Categorization Scrip Categorization House/Client Level Restrictions Enterprise Business Technologies Pvt. Ltd.

  6. Features • Credit Department: • Loan Request entry • Loan approval with help of multilevel approval hierarchy • After approval, customer creation for on-going transaction • Mailers to customer at various stage of loan activation • Sanction letter • welcome letter • rejection letter • closure letter • Interest rate reduction letter • Interest rate increase letter • Daily EOD status mailers to customers and respective braches Enterprise Business Technologies Pvt. Ltd.

  7. Settlement Department: • Scrip master update • Customer DP account maintenance • POA/ Pledge status update • Daily reconciliation of POA/pledge account • Trade process acceptance as per customer exposure • Slip generation at various stages in POA and pledge • Pay-in slip • Off-market transfer slip • Pledge confirmation slip • Pledge closure slip • Pledge invocation slip • Scrip withdrawal request creation and approval process Enterprise Business Technologies Pvt. Ltd.

  8. Accounts Department: • Customer bank account maintenance • In case of trade transfer letters for bank as per bank format • Pay-in letter • Pay-out letter • Amount withdrawal request and approval process • Interest calculation on daily basis • Interest posting as per agreement (Monthly/Qtrly/1/2-yearly/yearly) • Interest on interest or interest only on net loan choose facility per client wise • Various bank letters as per transaction type • RTGS letter • NEFT letter • Transfer letter • Cheque printing Enterprise Business Technologies Pvt. Ltd.

  9. Risk Department: • Category differentiation for scrip • Scrip valuation on basis of scrip category • Client category to decide max benefit • Liquidation process • Liquidation of client in case of shortfall • Liquidation trade in pro-client’s account • Transfer of scrip/ pledge invocation as per liquidation quantity • Distribution of liquidated amount as per client liquidation after trade acceptance • Even though scrip category finalized allow to special privilege for particular client with help of discount feature • House level restriction to restrict all client to more excess quantity • Client level restriction effective, which will decide quantity to be part of net value calculation Enterprise Business Technologies Pvt. Ltd.

  10. THANK YOU Enterprise Business Technologies Pvt. Ltd.

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